Proposed Irdai Changes Could Spare Policyholders High Surrender Charges in 2023
Proposed Irdai Proposed Irdai Abandoning life insurance policies before their term concludes often results in substantial financial setbacks due to steep surrender charges in the initial policy years. Recognizing this, the Insurance Regulatory and Development Authority of India (Irdai) unveiled proposals aiming to boost the surrender value of non-linked policies through an exposure draft issued … Read more